REDLANDS, BACK LANE, BILSBY, ALFORD, LN13 9PT - £280,000

REDLANDS is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £280,000 in November 2021, which was around 9% above the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two REDLANDS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 NOV	£280,000	£257,326	9% above HPI
2000 10 JUL	£86,000	£75,156	14% above HPI

REDLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two REDLANDS sales from July 2000 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is REDLANDS?

REDLANDS is 131m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Bilsby, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsby, and where REDLANDS lies on this distribution: 67% of detached houses are smaller than REDLANDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Bilsby.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.164 of an acre, or 666m². The below map shows the location of REDLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of REDLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is REDLANDS?

REDLANDS is located on BACK LANE in BILSBY, in the LN13 postcode district. The below map shows the position of REDLANDS on BACK LANE.